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Globus Spirits inks pact with Tilaknagar Industries

01 Jul 2022 Evaluate

Globus Spirits (GSL) has entered into an arrangement for strategic, technical, manufacturing and marketing tie-up with the aim to offer an integrated service to operate the plant at the envisaged rated capacity of 140 KLPD distillery asset owned by Tilaknagar Industries (TIL) located at Shrirampur , Ahmednagar, Maharashtra (Distillery Asset). 

Under this arrangement, GSL will be providing various services starting from engineering to ongoing operations, maintenance, and marketing services. This arrangement has been made effective via services agreement dated June 30, 2022.

Globus Spirits is primarily engaged in the business of manufacturing and sale of Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), Bulk Alcohol, Hand Sanitizer and Franchise Bottling.

Peers
Company Name CMP
United Spirits 1346.00
United Breweries 1187.10
Radico Khaitan 4500.00
India Glycols 382.40
Allied Blenders&Dist 694.50
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